Deal definition
Deal
A deal, also known as a trade, is the name given to any forex transaction. The most common deal is a spot contract, a purchase or sale of a foreign transaction based on the exchange rate at that current moment. Other deals include forward contracts, window forwards, limit orders, stop loss orders, and fx swaps.
What is a deal ticket?
A deal ticket is an official record of all details involving a foreign exchange transaction including the currency pair traded, date and time of transaction, amount traded, parties involved in the trade, transaction type, and settlement date.